RSS for Tradewinds, Offshore

Business as usual?

Aaron Kelley — Wed, 16 May 2012 16:18:59 GMT

Dockwise’s takeover target keeps its cool despite unwelcomed advances as it locks in juicy deal with John Fredriksen's Seadrill.

Nam Cheong looking hot

Jason O'Connell — Wed, 16 May 2012 13:12:36 GMT

Investors should be making eyes at Malaysian shipbuilder following “stellar” start, analyst says.

Wilson Sons curbed by costs

Jason O'Connell — Wed, 16 May 2012 15:54:31 GMT

Higher expenses carve into Brazilian diversified owner’s bottom line.

Fairstar chokes on poison pill

Andy Pierce — Wed, 16 May 2012 08:35:14 GMT

Oslo-listed owner bats away “low ball” takeover bid and gives Dockwise a dressing down.

Northern hit by idle rigs

Dale Wainwright — Wed, 16 May 2012 07:58:02 GMT

John Fredriksen’s other drilling company reports a second quarter loss as it prepares rigs for new charters.

Otto adds to Africa work

Dale Wainwright — Wed, 16 May 2012 01:41:36 GMT

Singapore offshore vessel owner sends another pair of anchor handlers to Africa on long-term charter.

Mermaid bags rig extension

Jason O'Connell — Tue, 15 May 2012 15:09:48 GMT

Singapore-listed offshore owner seals $16m deal as it strips back losses.

WesternGeco sheds OSV

Aaron Kelley — Tue, 15 May 2012 14:45:05 GMT

Schlumberger’s seismic division sells vintage offshore-support vessel in a transaction backed by mystery buyers.

Farstad better in the first

Andy Pierce — Tue, 15 May 2012 14:41:27 GMT

Norwegian offshore owner puts up improved quarterly figures despite sales losses.

GC Rieber cuts deficit

Jason O'Connell — Tue, 15 May 2012 09:20:56 GMT

Oslo-listed owner chops first quarter loss as it nears buyout of seismic player Armada Seismic.

Atlantic orders PSV at Simek

Dale Wainwright — Tue, 15 May 2012 01:21:17 GMT

Norwegian owner books speculative newbuilding at compatriot yard, but is confident of finding employment.

STX OSV earnings shaved

Jason O'Connell — Mon, 14 May 2012 11:24:01 GMT

But the Singapore-listed shipbuilder says the signs point to renewed demand for high spec tonnage.

Bergen bags repeat deal

Jason O'Connell — Mon, 14 May 2012 13:27:56 GMT

Terje Arnesen-led firm could pocket up to $17m from another deal with Semco Maritime.

Sanko sells AHTS pair

Jason O'Connell — Mon, 14 May 2012 10:25:20 GMT

Malaysian offshore owner raids Japanese owner for twin anchor handlers.

Profits inch up at Swiber

Dale Wainwright — Mon, 14 May 2012 02:58:26 GMT

Singapore offshore player fails convert big jump in revenues and order backlog into better profitability.

Nam Cheong sees strong start

Dale Wainwright — Mon, 14 May 2012 01:28:28 GMT

Malaysian shipbuilder sees first quarter profits jump 81% on the back of robust momentum in offshore sector.

Fairstar fires back

Aaron Kelley — Fri, 11 May 2012 17:53:42 GMT

Takeover talks turn increasingly hostile as CEO warns Dockwise "the boys at Pareto" can't bully shareholders into submission.

Jaya Holdings’ profit sinks

Jason O'Connell — Fri, 11 May 2012 14:00:52 GMT

Revenue sees uptick but lack of vessel sales sends Singapore-listed offshore owner's earnings plummeting.

Subsea 7 doubles up

Jason O'Connell — Fri, 11 May 2012 11:10:28 GMT

Oslo-listed owner posts stellar quarter as investment flows into subsea sector.

Losses reduced at Vantage

Dale Wainwright — Fri, 11 May 2012 05:36:01 GMT

Nobu Su-controlled offshore drilling company trims first quarter losses, but still starts the year in the red.